Income Statement

Fiscal Year: 2025
Jun 1, 2024 – May 31, 2025
Revenues in 2025
$50,035,201
Program Services
90%
Other
7%
Investments
3%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$52,396,759
Salaries & Benefits
48%
Depreciation
16%
Interest
14%
Other
10%
Offices, Occupancy & IT
7%
Fees to Service Providers
4%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$0
$0
-
Government Grants
$3,601,296
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$42,118,763
$44,933,637
+7%
Membership Dues
$0
$0
-
Investments
$1,253,545
$1,687,167
+35%
Other
$2,012,558
$3,414,397
+70%
Total Revenues
$48,986,162
$50,035,201
+2%
Expenses
2024
2025
Change
Grants
$8,362
$2,390
-71%
Benefits to Members
$0
$0
-
Salaries & Benefits
$23,265,121
$25,349,596
+9%
Fees to Service Providers
$2,805,531
$1,910,070
-32%
Advertising & Promotion
$303,174
$389,214
+28%
Offices, Occupancy & IT
$3,825,469
$3,548,677
-7%
Interest
$8,608,778
$7,512,999
-13%
Depreciation
$8,116,415
$8,476,453
+4%
Other
$4,810,820
$5,207,360
+8%
Total Expenses
$51,743,670
$52,396,759
+1%
Net income
2024
2025
Change
Net income
-$2,757,508
-$2,361,558
+14%
Functional Expenses
Summary
2024
2025
Change
Program
$44,784,233
$45,880,960
+2%
Admin
$6,747,336
$6,295,212
-7%
Fundraising
$212,101
$220,587
+4%
Total Expenses
$51,743,670
$52,396,759
+1%